01:31 PM EST, 12/10/2024 (MT Newswires) -- Consumer stocks were higher Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.9%.

Redbook US same-store sales rose by 4.2% from a year earlier in the week ended Dec. 7, slower than a 7.4% year-over-year increase in the previous week.

In corporate news, United Natural Foods ( UNFI ) shares jumped 23% after it reported stronger-than-expected gains in fiscal Q1 revenue and raised its full-year sales outlook amid volume growth in its wholesale business.